Apartments in 87506

4 rentals

Apartments For Rent Near 87506

We found 30 more apartments matching your filters just outside 87506

Average Rent Trends in 87506

Rent in 87506 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$3,500
Jul 2025$3,600
Aug 2025$5,830
Sep 2025$2,600
Oct 2025$3,232
Nov 2025$3,500
Dec 2025$2,400
Jan 2026$1,520
Feb 2026$2,878
Mar 2026$2,593
Apr 2026$2,500
May 2026$2,950
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,000$2,522$7,067$12,500$6,950
Townhomes——$6,950—$6,950
Apartments and Condos$1,550$2,500—$13,000$2,950
Houses$2,295$2,522$7,000$8,250$7,900

Frequently Asked Questions about Apartments and Condos for rent in 87506

  • What is the average rent of an apartment in 87506?
    The average rent of an apartment in 87506 is $3,600 per month. This is about 87% higher than the national average.
  • When is the average rent cheapest in 87506?
    In the last year, the average rent in 87506 was lowest in Dec 2025 when it was $2,400 per month.
  • When is the average rent most expensive in 87506?
    In the last year, the average rent in 87506 was highest in Aug 2025 when it was $5,830 per month.
  • How many apartments or condos are available to rent in 87506?
    There are 2 available apartments or condos to rent in 87506.
  • What are some cities near 87506?
    Some nearby cities include: Santa Fe, Santa Cruz, Chimayo, Glorieta, Los Alamos, Tererro. These cities may have more rental options to explore.